#acquisition

https://cordcuttersnews.com/28-years-ago-today-att-became-a-major-cable-tv-company-in-its-first-failed-48-billion-attempt-to-dominate-tv-do-you-remember-atts-as-a-cable-tv-company-a-look-back/

No publicly listed asking price apparently. But the latest tax assessment shows a market value of $108,846,458 --

https://www.propertyshark.com/mason/Property/38029913/650-Harry-Rd-San-Jose-CA-95120/

https://www.siliconvalley.com/2026/06/22/tech-ibm-san-jose-property-build-develop-real-estate-park-economy-jobs/

Iconic 687-acre site is up for sale

By: George Avalos | Bay Area News Group
PUBLISHED: June 22, 2026 at 2:08 PM PDT | UPDATED: June 23, 2026 at 12:17 PM PDT

SAN JOSE — Any buyer that manages to snag the iconic IBM Almaden
Research Center in South San Jose could wind up with a property that
offers opportunities, but also poses possible challenges.

The 687-acre site consists of a stark contrast in land uses:
a research and development hub totaling hundreds of thousands of square
feet that is adjacent to pristine open spaces that total hundreds of
acres.

The property became available after IBM decided to close the research
hub and shift its workers a few miles away to IBM’s Silicon Valley Lab
at 555 Bailey Rd. on the edges of Coyote Valley in San Jose.

Commercial real estate firm Cushman & Wakefield is attempting to
sell the IBM Almaden Research Center property on behalf of long-time
owner IBM, according to a marketing brochure.

“This offering provides investors the unique opportunity to
reposition or redevelop a property of unique scale within Silicon
Valley,” the brochure states.

Among the challenges is a new owner would have to determine whether to buy the entire site or only the location with the existing research center. Neighborhood organizations and open space groups might also weigh in on the site’s future.

“The most important part of this proposal may be the preservation of 652 acres of open space,” said Bob Staedler, principal executive with Silicon Valley Synergy, a land-use consultancy. “I hope the property owners engage early with the Santa Clara Valley Open Space Authority and Peninsula Open Space Trust to explore conservation options.”

The research hub totals 544,500 square feet and occupies a 35-acre portion that’s zoned industrial park, marketing materials show. Another 652 acres are open spaces that exemplify the hillside areas on the south side of San Jose.

Investors are looking at what could emerge on a small section of the IBM Almaden Research Center site while preserving several hundred adjoining acres on the property at 650 Harry Rd. as open space, city files show.

An unidentified investment group is seeking city approval to rezone the property, which currently is agricultural with a planned development overlay.

The investors hope to shift the zoning to “industrial park” for 35 acres and to “open space” on 652 acres, city files show. San Jose-based land-use consultant Erik Schoennuaer represents the investment group.

“The current zoning is an antiquated custom zoning from 1980 specifically for the IBM Research Center operation,” Schoennauer said. “This application is simply a conforming rezoning to establish zoning on the property that matches the existing general plan designations of industrial park and open space.”

The site could be bought by an owner that also intends to occupy the existing buildings, marketing materials show.

“There are limited opportunities for users to purchase office and research and development buildings on a site of this scale in Silicon Valley,” Cushman & Wakefield stated in the brochure.

How long do yall think before anadarko and Marcellus basins both get sold after the merger? Kimmeridge and Toms Capital are both very vocal on Devon leaving these assets behind, and Kimmeridge was supposedly a big factor on forcing Coterra into changes that led to the merger. Marcellus already has an 8 billion dollar offer on the table. Will this be Devon’s way of reducing the workforce and gaining capital back?

Do you think with these layoffs happening, that someone will buy or absorb centene? Just was curious would that happen

TrueCar cut 30% of its workforce today. This action followed the company going private last month. Founder Scott Painter led the $227 million acquisition. He also rejoined TrueCar as chief executive. New leadership reevaluated operations before these layoffs.

https://www.autofinancenews.net/allposts/risk-management/truecar-lays-off-30-of-staff-amid-reorganization/

Financial chicanery doesn't cover up Accidenture's big ugly blemishes... years of strategy chokejobs, all-around leadership idiocy, and reactive Indian bodyshop-style layoffs (woe to those who roll off a project for any reason).

Real leaders deliver shareholder value through organic growth and cost containment, not buybacks of their toilet swirling stock. Employee incentives and enrichment? Long-term operational improvements? Real leadership and strategy? Na! Better to artificially prop up the dog$#!+ stock. Better to make a few high profile acquisitions in search of a rationale at the expense of loyal, long-term employee pay and bonuses.

Do Julie and her so called leadership really believe this toiletpaper thin PR cover-up for their horrible planning and utter absence of strategy is protecting them from accountability? Tick-tock, tick-tock...

Novartis is laying off 60 workers. These layoffs affect Tourmaline Bio. Novartis acquired this Flatiron-based biotech company eight months ago. The acquisition cost $1.4 billion. This action aligns with the Swiss dr-gmaker's ongoing headcount reduction.

New York City, New York

https://www.crainsnewyork.com/health-care/cny-tourmaline-bio-layoffs-20260622/

Stankey cost the company $100+ billion over his career.

Here are the smart business decisions he made:
Bought DirectTV for $67 billion in 2015
Bought WarnerMedia for $108 billion in 2018
Sold WarnerMedia for $43 billion in 2022
Sold DirectTV for $26 billion in 2025
Net loss over these deals is $106 billion

Here is what we should have bought:
T-Mobile in 2015 for $45 billion in 2015
Level 3 Communications for $34 billion in 2016
CenturyLink for $55 billion in 2016
DISH Network for $35 billion in 2017
Net valuation gain would be $182 billion for AT&T.

This would have moved AT&T’s spot on the Fortune 100 to the top 10 and position us alongside companies like Alphabet and Microsoft. Current we are ranked 32. Our employee headcount would have increased to 240,000 instead of the current 133,000 and the 80,000 target. AT&T would have likely be the #1 U.S. wireless carrier instead of being #3 behind T-Mobile and Verizon. Our share price would have been roughly $45 instead of $22.

Stankey talks a big game. He says that our #1 priority is fiber investment and convergence. That he wants to make AT&T market based. But he never tells you what AT&T could or should have been if he and Randall did not ruin it. When confronted with any serious question at a town hall he deflects with “convergence” or “fiber investment”.

I have been in Texas my whole life and I know a con when I see one. We call that “big hat no cattle”.

If you think we're paying for the acquisition any way other than layoffs, you haven't been paying attention. What's the easiest way to cut costs? Layoffs. What has this company done every time it needed to save money, especially more recently? Layoffs. More of the same is coming.

How will MW react to industry pivot toward LNG and natural gas domestically and Asia market specifically?

Does CVX buy another company and artificially boost the companies staff as genius like they did with Hess exploration team.

https://www.phonearena.com/news/spacex-should-buy-at-t-t-mobile-or-verizon_id181076

Electronic Arts has begun informing staff of layoffs. Industry analyst Destin Legarie reported the initial round may be small. More job cuts are anticipated across multiple divisions. This follows EA's recent $55 billion acquisition by an investor consortium. The company aims for a leaner, more efficient structure.

https://gamingbolt.com/ea-has-started-informing-staff-of-layoffs-will-affect-multiple-divisions-rumor

Asensus Surgical is a firm located in Morrisville. The company plans to lay off 108 employees. It operates as a medical device company. These layoffs follow a prior acquisition. A German firm acquired Asensus Surgical two years ago.

Morrisville, NC

https://www.bizjournals.com/triangle/news/2026/06/19/asensus-surgical-layoffs-karl-storz.html

Guyana the poster child for operational excellence is starting to show some signs of depletion and sand/water production. Maintaining an FPSO above 260,000 bopd for over 6 months is looking like an improbability. By September Exxon will have to purchase another company with substantial production and reserves. Who do you expect it to be?

Once MFN was forced out it’s been downhill. Personally I think we will get purchased by someone at the end of the year after the “Big Bill” goes in effect.

Pepsi to buy Pizza Hut? Is this true or rumours.

Somehow, political maneuvering was allowed to empower ATS to fully control all technology pilots in S&T. They, and CTV sitting on the same floor, don't know their a-s from a hole in the ground, trusting vendors at their word and using CoPilot to analyze the basic things that the COE knows like the back of their hand. Acquisition mistakes during piloting are happening that are hugely embarrassing because they never took a basic instrumentation 101 and their repeated asks of CoPilot for everything fail to ask for reviews of pilot acquisition details carefully. You cannot run a company by aborting your top intellect for CoPilot and hording the work all for yourself. Abort ATS and CTV and empowering COE in a meaningful way will save Chevron S&T, or a massive redesign is needed.

Frontier employees will not be impacted in upcoming RIF’s for their first 12 months as a VZ employee.

Thoughts re: Corebridge Financial terminating as a legal entity when it is absorbed into Equitable Holdings?

https://easternherald.com/2026/06/13/chevron-8000-layoffs-hess-acquisition-2026/

BlackRock Inc. reduced its workforce by nearly 200 people. This reduction impacts less than one percent of its global staff. CEO Larry Fink prefers ongoing, smaller workforce adjustments. This represents the fourth reduction in staff over 18 months. The company is reorganizing after years of growth and acquisitions.

https://finance.yahoo.com/markets/stocks/articles/blk-stock-blackrock-reportedly-cuts-002716602.html

I have recently been in my position 20 years. Know what I got for it? A hat? NO A pen? NO A nice email of congratulations? Nope. Nothing, nada, zilch. That's how everyone should know that OT is in such bad financial shape that they cannot properly recognize service. I mean, how broke do we have to be that I can't even get some stupid points to buy some $50 piece of cr-p item? And if it's not being broke but just being total pieces of cr-p unwilling to honor loyal service over the years, that's worse....maybe it's because I came from an acquisition? Oh wait, we all did....

Anyone else think that Fiserv as a whole will just be swallowed by a competitor since we are cheap right now? Or selling First Data and splitting the company back into two would be better?

It’s been over 1.5 years since COP purchased MRO and the question is- was it worth it? What were the positives and negatives? Is COP stronger and more agile now? What’s next?

Marvel hero "Hulk" Mark Ruffalo, a frequent advocate for social issues, recently voiced strong criticism regarding the proposed acquisition of Warner Bros. Discovery by what the article refers to as "Paramount Skydance Pictures." In February, he slammed Oscar-winning director James Cameron for his "double standard" in supporting the merger. Just days ago, Ruffalo also joined over 3,000 Hollywood professionals in signing a petition to oppose the acquisition.

https://www.toy-people.com/en/?p=109246

Every acquisition brings layoffs, but this will be bad. Usually it's the acquired company that gets the brunt of it, but I wouldn't be surprised at all if this is used to get rid of as many people as possible on both sides under the cover of supposed redundancy. Prepare yourselves. This will not be pretty.

Woodside employees are freaking out the their nice supportive environment and prospects are going to be severely impacted and if the XoM deal goes through substantial cultural adjustments will need to be made. Most Woodside employees not ready for the treacherous work environment at XOM Spring campus. HR hosting a teddy bear 🧸 and blanky crying session next week.

We know CVX moves in lockstep with XOM but after the fact and a little slower.
What will CVX do to keep up with XOM?

Just wanted to let you know that VOYA Financial laidoff (we believe) 80% of the acquired employees from their One America Retirement Services purchase in April 2026

It’s looking competitive for Woodside as its assets are perfectly aligned with Shell

Megs ears are ringing right now. BP shares a lot in common with Woodside. Much more than XOM does. But, it would be viewed as a conflict of interest. But, Meg at BP this went away.

How many more oil companies will be left after this consolidation phase?

This is all public information.

With the exception of Bob Hopkins, our execs effectively get their RSUs or performance rewards, then sell that sh*t as soon as it vests.

Forms indicating an (A) are the acquisition of shares, and in this small sample, the details in the forms shows you it's only ever receiving RSUs, or performance rewards.

The rest and vast majority of the forms are (D) disposal of these shares, and if you read the detail, they are dumping that sh_t as soon as they possibly can. All of the people below are regularly dumping their sh_t. These are not the actions of execs confident in this company. They know this ship is sinking and they're in on the grift.

Skip
https://www.sec.gov/edgar/browse/?CIK=0001708062

Goff:
https://www.sec.gov/edgar/browse/?CIK=0001560409

Bob H:
https://www.sec.gov/edgar/browse/?CIK=25200002114165

Marinaro:
https://www.sec.gov/edgar/browse/?CIK=0001984186

Matt Walter:
https://www.sec.gov/edgar/browse/?CIK=0002028475

Do your own research at SEC's Edgar site.

Fun bonus fact: they all have important ownership stakes in MiniMed. Funny that.

Rumors has it that is is happening very soon... I would put it be end of the year (perhaps sooner). The question is, who would be the buyer?

Assets sold to https://www.blondertongue.com/about-us/

I'd remove it from here

Or can it be considered a done deal by now?

It’s now evident that the XOM’s Permian factory has reached an inflection point and starting to experience technical and operational challenges. Please share your experiences and potential outcomes.

Will XOM make another purchase? Who and when? Certainly missed the last opportunity and now candidate companies are overvalued by +66%.

How long will XOM maintain a +22 rig line? It’s cheaper to buy production then it is to develop your own acreage.

https://www.theinformation.com/articles/google-nvidia-consider-intel-backup-chip-manufacturer

Hearing strong chatter about WB buying naps in west haven.